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HomeMy WebLinkAbout1225 ' ~ ~ 3• MORTGAGE PrePcred by Robert Br~1.y. (Direct) Attorttey for smog Business - Aedminishatioru This mortgage made and catered into Chia ~ 3 ~ day of ~-GZIU~ 19 80 , by and between Nicholas H. M i d e l i s (hereinafter referred to as rortgagor) and the Administrator of the Small Business Administratio0. an agency of the Government of the United States of America (hereinafter referred to as mortgagee). who maintains as office and ph~osoibuaiaess at 2222 Ponce de Leon B1 vd . , Coral Gables , F1 a . , 33134 ~tTNtt~SttiH, that Ior the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor does hereby mortgage, sell, Brant. assign, and convey unto the mortgagee, his weoeswrs sad aripts, all of the iolbwing described property situated and being is the County of S t-. L U C 7 e State of Florida , T O WIT Description of property attached hereto and made a part hereof. • ~1.~-' ~ In Payment Ot Taxot Received ' _ ~ Oue On Cress "C" Intanpibte Personer prQMnb. I r } pursuant To Chapter 71, 134, Acts O+'8?~. . ( ROGER POITRAS . - _ ) J 3..3 : j :.ter! CirCUit Court, St, t.ueis, Co.. It is hereby agreed between the parties hereto that if the mortgagor, subsequent to the date of this mortgage, conveys, contracts or attempts to sell the above described mortgaged property in any manner whatsoever while _ said property is mortgaged to the mortgagee and without the written consent of the mortgagee then, and in such event, the whole sum of principal and interes of the debt secured by this mortgage shall at the option of the mortgagee become immediately due and payable and this mortgage may be foreclosed at once if the debt is not paid in full. l 6 Together with and including all building+, all fixtures including but not limited to all plumbing, heating, light- ing, ~•entilating, refrigerating, incinerating, air conditioning apparatus, and elevator: (the mortgagor hereby drelariug that it i, intended that the items herein enumerated .hall he deemed. to have been permanently in- ~talled as part of 11rr realty},and all improvement. noM• or hereafter existing thereon; the hereditaments and appurtenances and all other ri_ht> thereunto belonein_, or in am•wise a1?pertaininr, and the re~•ersion and re- ~cr.ions, remainder and rernainden, all rights of redemption, and the trot., issues, and prnfits of the above de-cribed properly (prn~•ided, howccer, that the mortgagor .hall he entitled to the possession of said property and to collect and retain the rents, issues, and profit. until default hereunder). To have and to hold the same unto the mortga,ee and the successors in interest of the mortgagee fore~•er in tee simple or such other estate, if am, a. is stated herein. • a The mortgagor covenants that he is lawfully seized and possessed of and has the right to sell and convey said property; that the same is free from all encumbrances except as hereinabove recited; and that he hereby binds himself and hie successors in interest to warrant and defend the title aforesaid thereto and every part thereof against the claims of all persona whomsoever. This inritrument is given to secure the payment of a promissory note dated March 13 , 19 80 ~ in the principal sumofi 368,900.0,(~ignedby Hilltop House, Inc. and Nicholas i-i.r~ideiis ~~h~c~t~~C~(x ~aA Fermi 977 1 ~-7J 1 Ir.•le~. F.dul~~. ,rte O~?o L~,. ~3~327 t~~~f1~~4 1 ~